Summary
The constrained version optimizes the benchmark index with respect to volatility, offering investors an improvement over the benchmark.
The unconstrained version provides a strategy index that is minimized for volatility but not restricted to follow a specific benchmark too closely.
The STOXX Minimum Variance indices are designed in cooperation with Axioma, combining Axioma´s factor model know-how with the STOXX`s index creation and calculation expertise. The indices are available for different regions and countries worldwide.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| BEIERSDORF | Personal Care, Drug and Grocery Stores | DE |
| SWISSCOM | Telecommunications | CH |
| HENKEL PREF | Consumer Products and Services | DE |
| UPM KYMMENE | Basic Resources | FI |
| TERNA | Utilities | IT |
| L'OREAL | Consumer Products and Services | FR |
| SGS | Industrial Goods and Services | CH |
| GALP ENERGIA | Energy | PT |
| WOLTERS KLUWER | Media | NL |
| TESCO | Personal Care, Drug and Grocery Stores | GB |
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